Bitcoin soars above $103,00 in record-smashing run

Category: Cryptocurrency

Bitcoin reached a new all-time high of over $100,000, driven by optimism in the crypto market following Donald Trump's election and the appointment of Paul Atkins to lead the SEC. Other cryptocurrencies also saw gains, although some, like XRP, experienced declines. The surge is part of a broader bull market for crypto, fueled by new ETFs from major financial firms.

Keywords: Bitcoin, cryptocurrency, SEC

Source: Fortune

Update At: 12/5/2024

Related Sources

Solana memecoin trader whiffs on $5m BODEN opportunity right before token surges amid Biden letter – DL News

A crypto trader gave up on BODEN, a Joe Biden-themed memecoin on the Solana blockchain, after experiencing a rollercoaster ride of gains and losses. The trader sold their tokens at a significant loss compared to the peak value, showcasing the extreme volatility of memecoin markets.

DL News

Mog Coin Price Outlook: Could MOG Post a New All-Time High in July and What About Base Dawgz?

Mog Coin (MOG) is gaining attention with its recent price surge, aiming to reach a new all-time high. The article also highlights Base Dawgz (DAWGZ), a dog-themed coin with unique features like multi-chain availability and a Share-to-Earn protocol.

CryptoPotato

Mog Coin's 70% hike - All the reasons why its price can double soon - AMBCrypto

AMBCrypto's content is informational and not investment advice. Readers are advised to do their own research before trading cryptocurrencies.

AMBCrypto

$MOG Shows Resilience With Market Cap Surpassing $500M And 15% Daily Gain » The Merkle News

$MOG on Ethereum shows strength with a market cap above $500 million and significant gains. Smart DEX traders make substantial profits and increase holdings, indicating growing confidence in $MOG.

The Merkle News

MAGA Price Prediction: MAGA (TRUMP) Token Set to Skyrocket in Q3 2024! Will MAGA Tokens Make You 10X Filthy Rich by September?

MAGA (TRUMP) token, inspired by Donald Trump's slogan, shows potential for growth in 2024. The Ethereum-based meme coin focuses on charity and marketing efforts. Market analysts predict bullish trajectory for TRUMP. Recent surges linked to Trump's pro-crypto comments. Technical analysis suggests positive performance in 2024. TRUMP's price influenced by burning program, demand, and market dynamics.

Coinfomania

Trump To Announce His VP Elect: MAGA VP ($MVP) Token Primed to Soar Alongside Bitcoin (BTC) and Solana (SOL) | NewsBTC

Former President Donald Trump is about to name his Vice President elect, causing ripples in political and crypto sectors. The MAGA VP ($MVP) token gains attention with analysts forecasting a rise to $2.2. Trump's announcement is expected to drive interest and investment in $MVP, available on major exchanges and Uniswap.

NewsBTC

Bitcoin Snaps Correlation With S&P 500: What Does That Indicate?

Bitcoin's correlation with the S&P 500 has seemingly ended as Bitcoin rallies while the S&P 500 declines. Factors such as U.S. government considerations on chip exports to China and Trump's remarks on Bitcoin's potential as a strategic reserve have contributed to this shift. Investors may start viewing Bitcoin as a new safe-haven asset, while Ethereum's future status remains uncertain despite potential ETF inflows.

Investing.com

Top 3 Presales That Will Outperform Solana (SOL) In 2024: ETFSwap (ETFS), Moonbag (MBAG), And DTX Exchange (DTX)

ETFSwap (ETFS), Moonbag (MBAG), and DTX Exchange (DTX) are emerging crypto tokens expected to outperform Solana (SOL) in 2024. ETFSwap offers a DeFi platform integrating blockchain and ETFs with a focus on security and privacy. Moonbag simplifies investment in diverse cryptocurrencies through a single token, emphasizing yield farming and staking. DTX Exchange aims to innovate the traditional exchange model with strong security and a variety of trading tools. Each project is gaining traction in the crypto community, with presales attracting significant interest.

Analytics Insight

Donald Trump’s Crypto Flip-Flop Began With Flattering NFTs

Donald Trump has shifted his stance on cryptocurrency, previously criticizing it as a scam, to now expressing support for Bitcoin at the Bitcoin 2024 conference, stating he wants America to lead in the crypto space.

Bloomberg

What’s going on with Ethereum’s addresses? Taking a closer look

Ethereum's daily active addresses have decreased to around 395,000, following a peak of over 700,000 in June. This decline suggests a slowdown in network activity, with sellers dominating trading as more ETH is moved to exchanges, indicating a readiness to sell. The price of Ethereum has also declined by over 1.4%, marking a bearish trend.

AMBCrypto